Here's my take on USDCAD this morning. Could have had a better entry a bit sooner.
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DislikedMost people on FF seem very negative toward trading the 1 min for some reason....Ignored
Disliked{quote} Hi Veni, thank you for allowing anyone to comment on your thread. Please, can you explain why you shorted there when it was directly on support level.Ignored
QuoteDislikedI get that a lot, not only on FF. A professional trader I know personally once told me you need superhuman powers to trade the 1m, that was before I told him I'm trading the 1m. However, if you get past the period thingy, it becomes a lot easier. The patterns we trade here, are for the most part also visible on a 5m chart, or a 3m chart (which I traded off several years ago). The 1m is just superior for picking the entry and once you have developed an eye for the bigger picture, or call it the macro view like some do, you do not want to go back...
Disliked{quote} {quote} Jens said it nicely, I'll try and explain briefly why I took it there, first of all I don't recommend taking those trades unless you've been doing it a while, the main reason I took and take some trades breaking back into support levels is because when you're watching the charts live its a completely different story to a still image, and I think that's a major problem people don't understand. When I took that trade the momentum was moving fast and gave me a 'feel' of what price wanted to do, so I took it, for me trading especially...Ignored
Disliked{quote} Thank you, Sometimes i am wondering that this live movement is highly depended on broker feed tick update, internet connection, server location, etc. Movement or speed that i see from my screen may be different with yours, doesn't it?Ignored
Disliked{quote} {quote} Jens said it nicely, I'll try and explain briefly why I took it there, first of all I don't recommend taking those trades unless you've been doing it a while, the main reason I took and take some trades breaking back into support levels is because when you're watching the charts live its a completely different story to a still image, and I think that's a major problem people don't understand. When I took that trade the momentum was moving fast and gave me a 'feel' of what price wanted to do, so I took it, for me trading especially...Ignored
Disliked{quote} you were lucky with your "feeling" this time, be careful it was not a support, was a resistance and was a stop hunt cheersIgnored
Disliked{quote} Thank you, Sometimes i am wondering that this live movement is highly depended on broker feed tick update, internet connection, server location, etc. Movement or speed that i see from my screen may be different with yours, doesn't it?Ignored